Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Crypto Pricing
Determining the Initial Value of Cryptocurrencies
The total market cap of cryptocurrencies has enjoyed impressive growth since their inception. It hit the $3T figure in 2021 and stands at almost $1T at the time of writing. While all these huge figures are truly impressive, things have been different. The increased market capitalization has resulted more from increased price values than in crypto supply. This begs the question, is there a way of determining a crypto's initial value? Read on to find out. Understanding Value Determination Save…
4 years ago